Federal Reserve Economic Data

Table Data - Labor Compensation for Health Care and Social Assistance: Medical and Diagnostic Laboratories (NAICS 62151) in the United States

Title Labor Compensation for Health Care and Social Assistance: Medical and Diagnostic Laboratories (NAICS 62151) in the United States
Series ID IPURN62151L020000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 1994-01-01 to 2023-01-01
Last Updated 2024-04-26 9:06 AM CDT
Notes Labor compensation, defined as payroll plus supplemental payments, is a measure of the cost to the employer of securing the services of labor. Payroll includes salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind. Supplemental payments include both legally required expenditures and payments for voluntary programs. The legally required portion consists primarily of federal old age and survivors’ insurance, unemployment compensation, and workers’ compensation. Payments for voluntary programs include all programs not specifically required by legislation, such as the employer portion of private health insurance and pension plans.
DATE VALUE
1994-01-01 6123.190
1995-01-01 6152.247
1996-01-01 6333.547
1997-01-01 6495.864
1998-01-01 6895.115
1999-01-01 7582.094
2000-01-01 8228.296
2001-01-01 9205.096
2002-01-01 9557.452
2003-01-01 10037.119
2004-01-01 11230.264
2005-01-01 11632.434
2006-01-01 12488.007
2007-01-01 13659.235
2008-01-01 14059.233
2009-01-01 14852.302
2010-01-01 15719.251
2011-01-01 16268.877
2012-01-01 17309.950
2013-01-01 18234.193
2014-01-01 18618.445
2015-01-01 19689.520
2016-01-01 20021.749
2017-01-01 21148.041
2018-01-01 22061.277
2019-01-01 23745.324
2020-01-01 23996.840
2021-01-01 30879.949
2022-01-01 30975.973
2023-01-01 31464.456

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